Lockton Asia Appoints Juyeol LEE as Chief Executive Officer for Korea office

Lockton Asia Appoints Juyeol LEE as Chief Executive Officer for Korea office

Lockton Asia is pleased to announce the promotion of Mr. Juyeol LEE as Chief Executive Officer (CEO) and Representative Director for Lockton Companies (Korea) Inc. with effect from 11th May 2019. Juyeol will also continue in his current role heading up the Financial Services business in Korea. Juyeol will be leading the office, focusing on business development as well as strategic planning and growth in order to take us through the next phase of our journey, building on our existing strong foundations.

Juyeol has over 25 years’ experience in the insurance industry and his first footsteps had been started at KB Insurance (formerly known as Lucky Insurance) from 1994 to 1998.

Juyeol joined IMI Korea (which Lockton subsequently acquired as Lockton Korea) in February 2001. Until recently Juyeol held the position of Executive Vice President, Head of Lockton Financial Services and is also a Director of Lockton Companies (Korea) Inc. Juyeol brings extensive experience and knowledge through his career in the insurance industry. Under his leadership, the Financial Services team has thrived, with a string of high profile client wins such as Korean Bar Association, Korea Association of Property Appraisers and Korean Association of Certified Public Tax Accountants etc., all of which have contributed to the growth and success of Lockton Korea.

Juyeol’s experience covers a wide range of industry practices and exposures, including Professional Indemnity, Property, Facility Facultative, Residual Value Insurance, Extended Warranty, Credit and Mobile. Juyeol also has in depth experience in other product segments including Construction, Property & Casualty, Public & Product Liability, Trade Credit.

Mr. Il-Hyung CHO, has resigned from his current position of CEO Lockton Korea with effect from 10th May 2019. We thank Mr. Cho for his efforts and hard work during the past 12 months and wish him every success in his future endeavors.

Please join me in congratulating Juyeol in the next chapter of his career and we wish him and our colleagues every success in building this business out.

Best regards,
Lockton APAC Board
Warren Merritt – Regional CEO

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